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Chinese Chipmakers Surge After US Pushes for More Industry Curbs

By forum9gsnet July 17, 2022July 11, 2022

Washington’s latest move to restrain Beijing from fostering its chipmaking industry is powering China’s semiconductor stocks as the US restrictions could fire up support for homegrown technology. China chipmakers were…

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Technology

Voyager Seeks Bankruptcy as Crypto Mogul’s Lifeline Fails

By forum9gsnet July 16, 2022July 11, 2022

Crypto broker Voyager Digital Ltd. filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of…

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Technology

Payment Giant Has SWIFT Alternative for Indian Expats

By forum9gsnet July 15, 2022July 11, 2022

The company that built India’s digital payments backbone plans to make it cheaper and easier for the nation’s 32 million expatriates to bring their money home. Indians overseas remitted $87…

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Technology

HKEX CEO Sees China Giants Moving to Primary H.K. Listing

By forum9gsnet July 14, 2022July 11, 2022

Hong Kong is likely to see more dual-traded companies shift toward primary listings in the financial hub as they seek inclusion in trading links with mainland China, according to the…

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Technology

UK Amendment Puts Onus on Big Tech to Tackle Online Child Abuse

By forum9gsnet July 13, 2022July 11, 2022

The UK will compel technology companies to find ways to identify and remove child abuse images from their platforms in an amendment to the Online Safety Bill. The amendment puts…

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Technology

Crypto Exchange Finds a New Source of Revenue: ‘Inactivity Fee’

By forum9gsnet July 12, 2022July 11, 2022

Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry. The charges, at 10 euros ($10.27)…

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Technology

VMware-Broadcom Deal Moves Ahead as Go-Shop Period Ends

By forum9gsnet July 11, 2022July 11, 2022

Broadcom Inc.’s $61 billion deal for VMware Inc. will move forward after a rival bidder failed to emerge to break up the deal for the cloud-computing company during its so-called…

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